Bahrain

Another horrible weekend for the GCC stock markets, in line with the bearish view we first promoted around January, and reiterated on Friday. Saudi Arabia led the decline on Saturday,... 2008-09-08

BMI View: Although we think there are good growth prospects for banks throughout the GCC region, we favour the more established financial centres (and better business environments)... 2008-09-03

Last week we reiterated our bearish view towards GCC stocks, with the possible exception of Saudi Arabia, which, we felt, had the worst of its downside behind it. The Tadawul Authorities... 2008-08-27

We do not see the current liquidity crunch that is pervading the Gulf at the moment as particularly linked to the global cash crisis. More positively, it is the result of strong demand... 2008-08-19

The weekend has seen some spectacular losses in the Gulf stock markets, in line with our bearish view. There is not much to pick between them: they all look as bad as each other,... 2008-08-11

Last week, we suggested that the inflationary pressures that have been sweeping the Middle East and North Africa region may be abating somewhat, potentially allowing Gulf states to... 2008-08-04

Although we remain very cautious, we note that there may be a ray of light at the end of the inflationary tunnel in the Middle East and North Africa region. We have revised up our... 2008-07-30

Gulf equity markets are all looking weaker this morning, in line with the renewed bearish call we made last week (see GCC Stocks: More Downside Ahead, July 9). In the light of high... 2008-07-16

Internal disputes, the inflation problem and a continuing dependence on unpredictable oil revenues all suggest further delays for the Gulf Co-operation Council (GCC) currency union

While we remain cautious on some of the Gulf's larger stock markets (notably Saudi Arabia's TASI and Dubai's DFMGI), many of the smaller exchanges are exuding positive signals. We... 2008-06-16